BSELords Mark Industries LtdHighPositive
Announced Thu, 2 Jul · 08:19 IST
Promoter Sachidanandh Upadhyay acquires 77.54% stake in Lords Mark Industries
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Promoter Sachidanandh Upadhyay disclosed acquiring 33,07,96,229 equity shares (77.54 percent of total capital, 76.97 percent diluted) in Lords Mark Industries, raising his holding from nil to 77.54 percent as of 21/11/2025. The company's paid-up capital expanded sharply from about 10 lakh shares to roughly 42.66 crore shares worth Rs 426.62 crore, suggesting a preferential allotment or inter-se transfer. The disclosure is filed under SEBI Takeover Regulations, indicating mandatory threshold reporting by the promoter.
Likely market impact
Major promoter consolidation; promoter now controls over 77 percent of the company. This may trigger open offer compliance obligations under takeover rules.